Direxion Daily BRKB Bull 2X Shares (NASDAQ:BRKU) Declares Quarterly Dividend of $0.21

Direxion Daily BRKB Bull 2X Shares (NASDAQ:BRKU) announced a quarterly dividend on Monday, December 22nd, NASDAQ Dividends reports. Shareholders of record on Tuesday, December 23rd will be given a dividend of 0.2109 per share on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend is Tuesday, December 23rd. This is a 36.7% increase from Direxion Daily BRKB Bull 2X Shares’s previous quarterly dividend of $0.15.

Direxion Daily BRKB Bull 2X Shares Price Performance

Shares of Direxion Daily BRKB Bull 2X Shares stock traded down $0.32 on Tuesday, hitting $24.55. The company’s stock had a trading volume of 100,242 shares, compared to its average volume of 290,912. Direxion Daily BRKB Bull 2X Shares has a 52-week low of $21.75 and a 52-week high of $32.47. The firm has a fifty day moving average price of $24.91 and a 200-day moving average price of $24.83.

Institutional Trading of Direxion Daily BRKB Bull 2X Shares

A hedge fund recently raised its stake in Direxion Daily BRKB Bull 2X Shares stock. Jane Street Group LLC grew its holdings in shares of Direxion Daily BRKB Bull 2X Shares (NASDAQ:BRKU) by 350.5% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 59,175 shares of the company’s stock after purchasing an additional 46,040 shares during the quarter. Jane Street Group LLC owned approximately 3.95% of Direxion Daily BRKB Bull 2X Shares worth $1,882,000 at the end of the most recent quarter.

About Direxion Daily BRKB Bull 2X Shares

The Direxion Daily BRKB Bull 2X Shares (BRKU) is an exchange-traded fund that mostly invests in industrials equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Berkshire Hathaway Stock. BRKU was launched on Dec 11, 2024 and is issued by Direxion.